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Archives by Year:
Ranked: Which NBA Team Takes Home The Most Revenue?
The NBA is projected to earn $13 billion in revenue this year before revenue sharing and debt payments, a 11% jump from last season, driving NBA team valuations even higher. Since 2005, NBA team valuations have increased faster than any other major U.S. league by a wide margin. For perspective, the rise in their combined valuation has exceeded […]
SEC’s scrutiny of USDC could derail Circle IPO plan: Barron’s
Circle Internet Financial, the company behind the second-largest stablecoin USDC, is planning to go public through an IPO. But the SEC’s concerns about USDC could test its ambitious bid, said Barron’s, citing documents from the SEC.The documents show that the SEC’s Division of Corporation Finance engaged in nearly a year-long correspondence with Circle. The Commission […]
FX Daily: UK Inflation Helps Sterling Ahead Of Bank Of England
UK inflation came in as expected but the detail is a little worrying. Elsewhere, US markets are closed for a national holiday and FX volumes should be thinner. In the EU, seven countries – including France – should be included in the deficit procedure today, which may contribute to keeping a lid on EUR/USD. depositphotos USD: US […]
Here’s What Creative Work Looks Like When AI Is The Content Director
Now that we’re all in the thrall of ChatGPT or Dream Machine or whatever the latest model is called, it’s time to think long and hard about how we, the dumb humans who are being replaced, will get paid in the future. depositphotos The outlook is grim.Take this lovely BBC story, for example. “AI took their jobs. Now they get […]
My Last PayPal Stock Forecast Was Correct: What Next
Image Source: Pixabay PayPal shares have plunged hard in the past few weeks. Apple launched additional payment features as it takes market share from PayPal. The stock has formed a rising wedge and a death cross. PayPal (PYPL) stock price has remained under intense pressure in the past few weeks as concerns about competition continued. It […]
Metals Report For Tuesday, June 18
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:07:19More By This Author:SPDR ETF Report For Tuesday, June 18Financial Markets Report For Tuesday, June 18Metals Report For Monday, June 17
WTI Posts Fresh Six-Week High Near $81.00 On Geopolitical Uncertainty And Firm Fed Rate-Cut Bets
Image Source: Unsplash WTI price trades close to a six-week high on multiple tailwinds. Firm Fed rate-cut prospects improve the Oil demand outlook. Geopolitical tensions in the Middle East and Europe have raised supply concerns. West Texas Intermediate (WTI), futures on NYMEX, hold gains near fresh six-week high near $80.70 in Wednesday’s Asian session. The Oil […]
Elliott Wave Analysis On Copper Expects The Metal Turning Higher
Image Source: PixabayShort Term Elliott Wave in Copper (HG) suggests the metal has ended wave (4) correction at 4.375. Wave (3) rally ended at 5.2 on 5.20.2024 which is all-time high price for Copper. Wave (4) pullback unfolded as a double three Elliott Wave structure. Down from wave (3), wave W ended at 4.7435 and wave […]
Australian Dollar Strengthens On Hawkish RBA, Weaker US Retail Sales Data
Image Source: Unsplash Australian Dollar (AUD) trades on a stronger note on Wednesday amid the weaker US Dollar. The hawkish messages from the RBA and weaker-than-expected US Retail Sales data support the pair. US markets are closed for Juneteenth; US S&P Global PMI reports will be in the spotlight on Friday. The Australian Dollar (AUD) gains […]
Earn Income While Playing The Hottest Sectors
Image Source: PixabayThere is a gross misconception that dividend stocks equal boring stocks.I’ve never considered passive income that grows year after year to be boring. But that’s just me.For investors who are constantly chasing the next hot trend, buying a mature company that generates cash flow and returns some of that cash to shareholders can feel […]
